Chinese yuan weakens against USD Tuesday
Updated: 2016-11-01 10:42
(Xinhua)
|
|||||||||
BEIJING - The central parity rate of the Chinese yuan weakened against the US dollar on Tuesday.
The central parity rate of the Chinese currency renminbi, or the yuan,weakened 93 basis points to 6.7734 against the US dollar Tuesday, according to the China Foreign Exchange Trade System.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
Related Stories
Chinese yuan strengthens against USD Monday 2016-10-31 10:18
Lenders set for yuan's inclusion 2016-10-30 14:34
Chinese yuan's SDR inclusion to boost global trade: Ghanaian minister 2016-10-28 07:25
China hard landing, yuan risks recede: Fitch 2016-10-26 13:59
Major lenders prepare for yuan internationalization 2016-10-25 07:46
Today's Top News
Email probe takes toll on Hillary's campaign: poll
Strongest quake in decades hits central Italy
EU, Canada sign landmark deals
Party ramps up supervision
Queen Elizabeth visits new town Poundbury
UK retailers catering for homesick Chinese
UK government opts for new Heathrow runway
China's business leaders optimistic about UK
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Hollywood snaps up rock star's dog film |
Chinese people welcome dispossessed |
The can-do generation to the fore |
Riding the wave |
Leisure giants buoy cruise market |
She followed her heart |